February 16, 2009

Gordon Brown wants UK to be the international financial center for Sharia products

After Dutch MP, Geert Wilders was declared "persona non grata" and deported from UK because his presence was threatening community harmony, I found that Times On Line had published back in March 2006, an article in which it was reported that British PM, Gordon Brown had:

help make London the
natural home for Islamic funds from around the world, and increase the
inflow of investment from oil-rich Middle Eastern countries.

Of course, the present economic crisis has only deepened the problem, with the US also wanting to participate in this new financial market:

as American
financial institutions report the losses that forced them to deplete
their cash reserves, CEOs are begging for loans from oil-rich Middle
East nations that have benefited from the rise in oil prices in recent
years from $30 to nearly $100 per barrel. As one former Wall Street
executive lamented, U.S. business leaders are "lining up to kiss the
ring.".

This would threaten free business if they are in conflict with Sharia Law. As Melanie Phillips puts it:

Acceptance of Sharia finance furthers the Islamist objective of gradually legitimising Islamic Sharia Law more generally in the west (...). The most important point to grasp is that Islam recognises no authority superior to sharia.